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USDA's January 10 WASDE cut its 2025 milk production forecast by 800 million pounds to 227.2 billion pounds, and cut 2024 output by 500 million pounds to 225.8 billion. USDA also raised its 2025 price forecasts for cheese, butter, nonfat dry milk and dry whey, and lifted the Class III price to $19.70/cwt.
Slower output growth from fewer cows and lower milk per cow tightens the dairy supply outlook, supporting higher milk and dairy product prices. Feed buyers should expect firmer milk-based feed ingredient values through 2025.
在过去 237 次看涨的报告事件之后,牛奶(III类) 在 5 个交易日内中位数变动 +0.0%(51% 上涨;中间一半区间为 -0.3% 至 +0.6%),20 个交易日内为 +1.2%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件;仅描述已发生的情况,不代表未来走势。不构成投资建议。